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WEEKLY: China's magnesium prices keep stable, with buying on a need basis

Source: Mysteel Nov 24, 2025 14:40
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Ferroalloys
During the week from 14 November to 21 November, the magnesium market showed a stable trend. The price of 99.90% grade magnesium ingot was Yuan 16,000-16,100/t (2,252-2,266/t) EXW Shaanxi including 13% VAT. And the mainstream transaction price remained at Yuan 15,900-16,000/t ($2,238-2,252/t). Offers in other regions followed with minor adjustments.   Supply side: Rising raw

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